EPS for IAC/InterActiveCorp (IAC) Expected At $0.64; Water Island Capital Boosted General Communication (GNCMA) Stake By $9.33 Million

January 14, 2018 - By olga

Analysts expect IAC/InterActiveCorp (NASDAQ:IAC) to report $0.64 EPS on February, 7.They anticipate $0.57 EPS change or 47.11% from last quarter’s $1.21 EPS. IAC’s profit would be $52.47 million giving it 52.62 P/E if the $0.64 EPS is correct. After having $-0.45 EPS previously, IAC/InterActiveCorp’s analysts see -242.22% EPS growth. The stock increased 0.76% or $1.02 during the last trading session, reaching $134.7. About 376,788 shares traded. IAC/InterActiveCorp (NASDAQ:IAC) has risen 94.44% since January 14, 2017 and is uptrending. It has outperformed by 77.74% the S&P500.

Water Island Capital Llc increased General Communication Inc (GNCMA) stake by 54.75% reported in 2017Q3 SEC filing. Water Island Capital Llc acquired 233,374 shares as General Communication Inc (GNCMA)’s stock rose 78.22%. The Water Island Capital Llc holds 659,626 shares with $26.91 million value, up from 426,252 last quarter. General Communication Inc now has $1.50B valuation. The stock increased 0.46% or $0.19 during the last trading session, reaching $41.4. About 110,361 shares traded. General Communication, Inc. (NASDAQ:GNCMA) has risen 135.42% since January 14, 2017 and is uptrending. It has outperformed by 118.72% the S&P500.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet firm in the United States and internationally. The company has market cap of $11.04 billion. It operates through six divisions: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other. It has a 32.98 P/E ratio. The Match Group segment provides dating products, which enables a user to establish a profile and review other peopleÂ’s profiles in 42 languages; and non-dating services, including educational test preparation, academic tutoring, and college counseling services.

Among 16 analysts covering InterActiveCorp (NASDAQ:IAC), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. InterActiveCorp had 25 analyst reports since February 4, 2016 according to SRatingsIntel. The company was maintained on Thursday, February 4 by RBC Capital Markets. Needham maintained IAC/InterActiveCorp (NASDAQ:IAC) on Friday, February 3 with “Buy” rating. The rating was initiated by BMO Capital Markets on Tuesday, June 7 with “Outperform”. The firm earned “Buy” rating on Friday, November 18 by Aegis Capital. Benchmark maintained the stock with “Buy” rating in Friday, November 4 report. The stock of IAC/InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Thursday, February 4 by Needham. As per Thursday, February 4, the company rating was maintained by UBS. Oppenheimer maintained the shares of IAC in report on Thursday, February 4 with “Outperform” rating. The stock of IAC/InterActiveCorp (NASDAQ:IAC) earned “Overweight” rating by JP Morgan on Tuesday, October 11. The company was upgraded on Friday, February 12 by Stifel Nicolaus.

Water Island Capital Llc decreased Level 3 Communications Inc (NYSE:LVLT) stake by 425,581 shares to 398,878 valued at $21.26M in 2017Q3. It also reduced Altaba Inc stake by 208,581 shares and now owns 491,419 shares. Select Sector Spdr Tr (XLK) was reduced too.

Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.30, from 1.08 in 2017Q2. It dived, as 14 investors sold GNCMA shares while 50 reduced holdings. 14 funds opened positions while 36 raised stakes. 20.61 million shares or 0.24% more from 20.56 million shares in 2017Q2 were reported. Tiaa Cref Inv Mngmt Limited has invested 0% in General Communication, Inc. (NASDAQ:GNCMA). Parametric Portfolio Associates Limited accumulated 119,376 shares. Wells Fargo Mn owns 30,861 shares. Gabelli Funds Lc reported 158,628 shares stake. Spark Investment Ltd invested 0.11% of its portfolio in General Communication, Inc. (NASDAQ:GNCMA). National Bank & Trust Of New York Mellon reported 0% of its portfolio in General Communication, Inc. (NASDAQ:GNCMA). 42,628 were accumulated by California State Teachers Retirement System. Yakira Capital has 40,284 shares for 0.55% of their portfolio. Tower Rech Ltd (Trc) reported 364 shares. Ls Investment Limited Liability Company has invested 0% of its portfolio in General Communication, Inc. (NASDAQ:GNCMA). Glenmede Trust Communication Na, Pennsylvania-based fund reported 147 shares. State Street has invested 0% in General Communication, Inc. (NASDAQ:GNCMA). Gabelli Co Investment Advisers owns 0.85% invested in General Communication, Inc. (NASDAQ:GNCMA) for 180,439 shares. Teachers Retirement Of The State Of Kentucky holds 0% or 7,600 shares in its portfolio. Price T Rowe Assocs Md invested 0% of its portfolio in General Communication, Inc. (NASDAQ:GNCMA).

Since September 5, 2017, it had 0 insider buys, and 2 selling transactions for $999,660 activity. The insider BEHNKE WILLIAM C sold $695,500. 7,400 shares were sold by Mooney Stephen R, worth $304,160.

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